775 East Tremont Avenue
Ground Up Development Retail & Office Available for Lease BUILT TO SUIT OPPORTUNITY
Please Contact Exclusive Advisor: Michelle Abramov at
[email protected] or 718-607-1920
Total Available of 58,940 SF Second Floor Retail Available at 12,500 SF 3rd to 5th Floors Office Available at 12,500 SF Per Floor
6th Floor Available at 8,940 SF 12 Feet Ceiling Heights On All Floors Light & Air in Front & Back of Building Asking: $35 PSF
775 EAST TREMONT AVENUE BRONX, NY 10460 TREMONT NEIGHBORHOOD GROUND-UP DEVELOPMENT LEASE OPPORTUNITY
Please Contact Exclusive Advisor: Michelle Abramov at
[email protected] or 718-607-1920
Confidentiality Disclaimer The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Asset Commercial Realty Group, LLC (“AssetCRG”) and should not be made available to any other person or entity without the written consent of AssetCRG. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. AssetCRG has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, AssetCRG has not verified, and will not verify, any of the information contained herein, nor has AssetCRG conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
775 East Tremont Avenue Bronx, NY 10460
Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company
Opportunity Highlights Features • • • • • • •
•
• • • • • • •
•
Property Specifics
Currently an existing retail taxpayer to be developed to a multi-level commercial building totaling roughly 72,000 SF Built-to-suit opportunity with Foot Locker and Danice as Anchor Tenants Good frontage exposure of 86 feet on East Tremont Avenue High population density neighborhood with nearly 1,200,000 people and 1,000,000 housing units within a 5-mile radius East Tremont Avenue provides great exposure on both foot and car traffic Surrounded by mid and high-rise apartment complexes Multiple schools surround the property such as: • P.S. 55 Benjamin Franklin, P.S. 42, P.S 63 Author’s Academy, IS 219 New Venture School • Bronx Center for Science and Mathematics • Bronx Early College Academy • Icahn Charter School • Frederick Douglass Academy III Multiple Medical Centers surround the property such as: Triboro Center Montefiore Hospital Bronx Lebanon Special Care & Hospital Center Morrisania Health Center Boston Road Medical Center Fulton Family Medicine Center MLK Health Center
Block & Lot
3106 &52
Lot Size
86 X 190
Lot SF
17,860
Building Size
86 X 145
Building SF
12,516
Zoning
R7-1/C4-4A
Community District
206
School District
12
Surrounded by national and regional tenants due to East Tremont’s good retail corridor
Transportation • • •
Several blocks away from the East Tremont Ave Station that has the Subway Lines 4 & 5 going straight into Manhattan and the Harlem Rail Line on East Tremont Multiple Bus Lines that stop and surround at 775 East Tremont Ave Near the Cross Bronx Expressway and the Bronx River Parkway
775 East Tremont Avenue Bronx, NY 10460
Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company
Map
775 East Tremont Avenue Bronx, NY 10460
Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company
Retail Map
775 East Tremont Avenue Bronx, NY 10460
Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company
Nearby Medical & Education
775 East Tremont Avenue Bronx, NY 10460
Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company
Demographics Population
1-mi.
3-mi.
5-mi.
2015 Male Population
115,394
648,905
1,177,637
2015 Female Population
130,465
720,497
1,313,579
2015 Total Population
245,859
1,369,402
2,491,216
2015 Households
79,590
474,954
939,567
Housing
1-mi.
3-mi.
5-mi.
2015 Housing Units
69,735
468,278
952,933
2015 Occupied Housing Units
65,307
436,932
898,225
2015 Owner Occupied Housing Units
5,565
39,203
175,934
2015 Renter Occupied Housing Units
59,742
397,729
722,291
Income
1-mi.
3-mi.
5-mi.
2015 Household Income: Median
$26,854
$31,956
$43,577
2015 Household Income: Average
$37,434
$47,973
$71,015
775 East Tremont Avenue Bronx, NY 10460
Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company
Contact For More Information PLEASE CONTACT EXCLUSIVE ADVISORS: Michelle Abramov Managing Principal
[email protected] Direct: (718) 607-1920
Broker Cooperation is Welcome!
775 East Tremont Avenue Bronx, NY 10460
Presented by Asset Commercial Realty Group, LLC A Full Service Commercial Real Estate Company